Managing Suppliers

Amiya K. Chakravarty
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Amiya K. Chakravarty: DM School of Business Northeastern University

Chapter 4 in Supply Chain Transformation, 2014, pp 89-128 from Springer

Abstract: Abstract Supplier management involves multiple partners in the supply chain with evolving expertise. Suppliers are the source of components, raw material, finished products, services and, more importantly, new knowledge creation. They can help companies in improving supply chain performance in cost, quality, revenues, responsiveness, and reliability. However, not all suppliers are equally capable in all performance dimensions, and individual suppliers decide what capabilities they would build, given changing customers’ needs. The buyer, in turn, must build a portfolio of suppliers that maximizes the fit between what it needs and what the suppliers can provide – a dynamic supply network.

Keywords: Corporate Social Responsibility; Supply Chain; Supply Network; Market Volatility; Analytical Hierarchical Process (search for similar items in EconPapers)
Date: 2014
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DOI: 10.1007/978-3-642-41911-9_4

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